Budget 2011
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I hope not giving all some goodies and announcing GST to be UP in the near future.
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Reduce domestic helper/maid levy!!!
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Singapore Budget 2011
Minister for Finance, Mr Tharman Shanmugaratnam, will deliver the FY2011 Budget Statement in Parliament on 18 February 2011, 3.30pm. Read the http://www.singaporebudget.gov.sg/budget_2011/budget_speech.htmlurl or watch the http://www.singaporebudget.gov.sg/budget_2011/webcast.htmlurl while it is being delivered.
Webcast
The Singapore Budget Speech for the Financial Year 2011 will be delivered via 'live' webcast on 18 February 2011, 3.30pm (GMT+ 8 ), in addition to the simultaneous live telecast over Channel NewsAsia (with Chinese translation on dual sound mode) and over radio on 938LIVE.
Please visit this page on Budget Day, 18 February 2011, 3:30pm (GMT + 8 ) for the ‘live’ webcast of the Budget Speech. The webcast is also available for streaming for iPhone and iPad.
http://app.singaporebudget.gov.sg/budget_2011/default.aspxurl -
Budget is being delivered as of this moment.
Did you get what you want? -
Excerpts…
"we will raise the employer contribution rate by another 0.5 percentage points, from 15.5% to 16%, which will restore the total contribution rate to 36%. The additional 0.5% will go into the Special Account."
"We will also revise the CPF Salary Ceiling from $4,500 to $5,000 per month to keep pace with income growth in recent years."
Growth Dividend of $600 - $800. -
Some that I heard on the news :
1) Radio and tv license will be removed permanently :celebrate:
2) 20% tax rebate (cap at S2k)
3) Tax rate for middle income should drop by 4-20% (depending on your income bracket)
4) Employer CPF contribution will increase by 0.5% to 16%.
5) CPF income ceiling raised to S$5k.
5) Child development credit for each child aged 6 and below - Family will receive between $300 - $400 for each child. -
MMM:
oh! i got 2 children under aged 6, yahoo!!Some that I heard on the news :
1) Radio and tv license will be removed permanently :celebrate:
2) 20% tax rebate (cap at S2k)
3) Tax rate for middle income should drop by 4-20% (depending on your income bracket)
4) Employer CPF contribution will increase by 0.5% to 16%.
5) CPF income ceiling raised to S$5k.
5) Child development credit for each child aged 6 and below - Family will receive between $300 - $400 for each child. -
The 20% personal tax rebate also not bad.
:celebrate:
Hope got more good news about maid levy, childcare subsidy ----- -
I am happy with all the items that I listed above. :rahrah:
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will they refund the TV & radio license just paid ?
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